google bot detected Facultative Obligatory Treaty | Insurance Glossary | Realestateagent.com

Facultative Obligatory Treaty


Definition of "Facultative obligatory treaty"

Michelle Houze
  RE/MAX Platinum Realty

Hybrid between facultative reinsurance and treaty reinsurance where the ceding company may elect to assign certain risks that the reinsurer is obligated to accept.



Related Real Estate Glossary terms

Related Real Estate FAQ